JAICORPLTD – Cup n Handle pattern breakout–60% upside potential
JAICORPLTD has formed a cup n handle pattern and giving breakout from resistance levels of 215 zone.
It is breaking 6 yrs price range and looks strong.
Seems to be some turnaround in the counter.
Note: It is highly volatile stock.
Target: 300+, 375+
SL: Daily candle close below 210.
It is breaking 6 yrs price range and looks strong.
Seems to be some turnaround in the counter.
Note: It is highly volatile stock.
Target: 300+, 375+
SL: Daily candle close below 210.
Trade closed: target reached
300 and then 370+ :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.